到 2025 年，XRP 可能會翻倍至 1 美元，但不要指望它會從此飆升

一旦 Ripple（XRP 代幣背後的公司）解決了與 SEC 的長期法庭糾紛，XRP（加密貨幣：XRP）的價值應該會飆升。

XRP (CRYPTO: XRP) was supposed to skyrocket in value as soon as Ripple (the company behind the XRP token) resolved its long-running court battle with the SEC. But that simply hasn’t happened. The news of a big Ripple win broke on Aug. 7, and since then, the price of XRP has increased from $0.50 to $0.60. (Yawn.) For the year, XRP is still down 2%.

一旦 Ripple（XRP 代幣背後的公司）解決了與 SEC 的長期法庭糾紛，XRP（加密貨幣：XRP）的價值應該會飆升。但這根本沒有發生。 Ripple 大獲全勝的消息於 8 月 7 日傳出，此後，XRP 的價格從 0.50 美元上漲至 0.60 美元。 （打哈欠。）今年以來，XRP 仍下跌 2%。

So there are plenty of reasons to be skeptical about XRP’s prospects. Add in the fact that the crypto market recently witnessed a mini-crash, and it’s easy to see why investors might be scared off speculative risk assets like XRP. That being said, there’s a clear path to XRP doubling in price to $1 by 2025, and I think that will be the next big move for Ripple’s XRP.

因此，有許多理由對 XRP 的前景表示懷疑。再加上加密貨幣市場最近經歷了小規模崩盤，很容易理解為什麼投資者可能會害怕 XRP 等投機風險資產。話雖這麼說，到 2025 年 XRP 價格將翻倍至 1 美元，這是一條明確的道路，我認為這將是 Ripple 的 XRP 的下一個重大舉措。

XRP’s path to $1

XRP 邁向 1 美元之路

What’s particularly perplexing about XRP’s recent performance is that it doubled in value to the $1 mark last summer on similar news of a big legal win. Last July, the judge in the SEC court case ruled that XRP was a security when sold to institutional investors, but not a security when sold to retail investors. That might sound confusing, but the market took it as an unambiguous signal that Ripple was eventually going to triumph over the SEC.

XRP 最近的表現尤其令人困惑的是，去年夏天，由於類似的重大法律勝利消息，它的價值翻了一番，達到 1 美元大關。去年 7 月，SEC 法庭案件的法官裁定 XRP 在出售給機構投資者時是證券，但在出售給散戶投資者時不是證券。這聽起來可能令人困惑，但市場將其視為 Ripple 最終將戰勝 SEC 的明確信號。

However, this long-running crypto courtroom drama is filled with twists and turns, and it’s not clear if the SEC is going to appeal the most recent court decision. If it does, then it could mean more protracted legal wrangling and more regulatory uncertainty. Add in the fact that the court fined Ripple $125 million in civil penalties, and it’s easy to see why the price of XRP hasn’t soared as expected.

然而，這場曠日持久的加密貨幣法庭戲劇充滿了曲折，目前尚不清楚 SEC 是否會對最新的法院判決提出上訴。如果確實如此，那麼可能意味著更曠日持久的法律爭論和更多的監管不確定性。再加上法院對 Ripple 處以 1.25 億美元的民事罰款，就不難理解為什麼 XRP 的價格沒有如預期飆升。

How high can XRP go?

XRP 能漲多高？

If you think that all of its legal and regulatory headaches are behind it, XRP hitting a price of $1 seems to be a no-brainer. But can Ripple skyrocket from there? After all, the all-time high for XRP is just $3.84, and that happened nearly seven years ago. For the past three years, XRP has struggled mightily.

如果你認為所有的法律和監管問題都是背後的原因，那麼 XRP 價格達到 1 美元似乎是理所當然的。但瑞波幣能從此一飛沖天嗎？畢竟，XRP 的歷史最高價僅為 3.84 美元，而這發生在近七年前。在過去的三年裡，XRP 一直在苦苦掙扎。

Of course, you can come up with all kinds of reasons why XRP has been such a market underachiever. The SEC court case, of course, is at the top of the list. But when will investors tire of all these excuses? At the end of the day, XRP is the only Top 10 crypto (as ranked by market cap) that is down for the year. By way of comparison, Bitcoin (CRYPTO: BTC), is up 44% for the year.

當然，你可以想出各種各樣的理由來解釋 XRP 在市場上表現不佳的原因。當然，美國證券交易委員會的法庭案件位居榜首。但投資人甚麼時候才會厭倦這些藉口呢？最終，XRP 是今年唯一下跌的前 10 名加密貨幣（按市值排名）。相比之下，比特幣（CRYPTO：BTC）今年上漲了 44%。

I can envision some scenarios in which XRP soars past $1 to hit a new all-time high. One scenario involves the launch of new spot ETFs for XRP. And, indeed, there has been speculation that XRP could be next in line after Bitcoin and Ethereum (CRYPTO: ETH) to get a spot ETF product. Another scenario involves a potential IPO for Ripple, in which case the price of XRP could go parabolic.

我可以想像一些 XRP 飆升至 1 美元以上並創下歷史新高的情景。一種情況是推出新的 XRP 現貨 ETF。事實上，有人猜測 XRP 可能會成為繼比特幣和以太幣（加密貨幣：ETH）之後的下一個現貨 ETF 產品。另一種情況涉及 Ripple 潛在的 IPO，在這種情況下，XRP 的價格可能會呈現拋物線走勢。

Don’t forget: Ripple is a real company with a real financial product (a cross-border payment system powered by XRP), so clearing the deck of all legal obstacles means that Ripple can go back to business as usual. Ripple already has extensive relationships within the banking and financial community, and Ripple CEO Brad Garlinghouse is a regular guest at high-profile events, such as the World Economic Forum in Davos, Switzerland.

不要忘記：Ripple 是一家真正的公司，擁有真正的金融產品（由 XRP 提供支援的跨境支付系統），因此清除所有法律障礙意味著 Ripple 可以恢復正常業務。 Ripple 已經在銀行和金融界建立了廣泛的關係，Ripple 執行長 Brad Garlinghouse 是一些備受矚目的活動的常客，例如瑞士達沃斯世界經濟論壇。

Due to the SEC court case, Ripple has been forced to put its U.S. expansion plans on hold. So these could finally be ready to move forward in 2025. As proof of this, Ripple recently announced testing of a new stablecoin pegged to the U.S. dollar.

由於 SEC 的法庭案件，Ripple 被迫擱置其美國擴張計劃。因此，這些最終可能會在 2025 年做好準備。

Is XRP a long-term buy?

XRP 是長期購買嗎？

While I’m convinced that XRP can double in value over the short term, I’m much less optimistic about its long-term prospects. In a way, that’s really a shame. In a perfect world, patient long-term investors who held on to their XRP during the really lean years should be handsomely rewarded. But this is Wall Street, not Hollywood, and the long-term outlook for XRP remains uncertain at best.

雖然我相信 XRP 的價值可以在短期內翻倍，但我對其長期前景不太樂觀。從某種意義上說，這確實是一種恥辱。在一個完美的世界中，在經濟困難時期持有 XRP 的耐心長期投資者應該獲得豐厚的回報。但這是華爾街，而不是好萊塢，XRP 的長期前景充其量仍然是不確定的。

If you are already holding XRP, then it makes sense to hold on to it even longer. It could be your winning crypto lottery ticket. But, if you’re a first-time crypto investor, you’re probably better off just buying Bitcoin, which continues to outpe

如果您已經持有 XRP，那麼持有更長時間是有意義的。這可能是您中獎的加密彩券。但是，如果您是首次加密貨幣投資者，那麼您最好只購買比特幣，比特幣的價值繼續超過